v3.25.4

Leases - Lessor (Details) ft² in Thousands, $ in Thousands |  |  | 6 Months Ended | 12 Months Ended |
--- | --- | --- | --- | --- | ---
May 03, 2024 USD ($) ft² | Dec. 03, 2022 USD ($) ft² | Mar. 31, 2024 USD ($) | Dec. 31, 2025 USD ($) ft² | Dec. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) | Jun. 30, 2024 USD ($)
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Revenues |  |  |  | $ 213,183 | $ 226,374 | $ 224,962 |
Lease incentive liabilities |  |  |  | 113,618 | 115,118 |  |
Revenue Benchmark | Bloomberg | Customer Concentration Risk |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Revenues |  |  |  | $ 129,317 | $ 125,349 | $ 120,351 |
Percentage rent contributed by tenant |  |  |  | 61.00% | 55.00% | 54.00% |
Minimum |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Lessor, operating lease, term (years) |  |  |  | 5 years |  |  |
Maximum |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Lessor, operating lease, term (years) |  |  |  | 25 years |  |  |
The Alexander apartment tower |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Area of property (in square feet) | ft² |  |  |  | 255 |  |  |
The Alexander apartment tower | Minimum |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Lessor, operating lease, term (years) |  |  |  | 1 year |  |  |
The Alexander apartment tower | Maximum |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Lessor, operating lease, term (years) |  |  |  | 2 years |  |  |
Rego Park I |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Area of property (in square feet) | ft² |  |  |  | 338 |  |  |
Rego Park I | IKEA |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Area of property (in square feet) | ft² |  | 112 |  |  |  |  |
Payment for termination of lease |  | $ 10,000 | $ 10,000 |  |  |  |
731 Lexington Avenue Property | Bloomberg L.P. |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Area of property (in square feet) | ft² | 947 |  |  |  |  |  |
Renewal term | 11 years |  |  |  |  |  |
Payments for lease commissions | $ 32,000 |  |  |  |  |  |
Lease incentive liabilities | 113,618 |  |  |  |  |  | $ 113,618
Incentive asset from lessor |  |  |  |  |  |  | $ 113,618
731 Lexington Avenue Property | Bloomberg L.P. | Third Party Broker |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Payments for lease commissions | 26,500 |  |  |  |  |  |
731 Lexington Avenue Property | Bloomberg L.P. | Vornado |  |  |  |  |  |  |
Lessor, Lease, Description [Line Items] |  |  |  |  |  |  |
Payments for lease commissions | $ 5,500 |  |  |  |  |  |

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